Suite number:
1E
Project:
Address:
Pickering, Ontario
Developer:
Highmark Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
446 sqft
Occupancy Date:
Sep 2027
Price, CAD
$572,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.04%
Cumulative Return on Investment in Year 5
106.75%
Property Price at the End of Year 5
$738,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$28,650
2.5% in 30 days
$14,325
2.5% in 90 days
$14,325
2.5% in 180 days
$14,325
2.5% in 365 days
$14,325
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $378,000 |
| rent income | - | - | $2,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $86,000 |
| mortgage principal reduction | - | - | $1,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $61,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $32,000 | $35,000 | $63,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $558,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $14,000 | $57,000 | - | - | - | - | - | - | - | $115,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | $973 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $46,000 |
| mortgage payment | - | - | $5,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $200,000 |
| total expense investment | $43,000 | $14,000 | $110,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $407,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,444 | $21,000 | -$46,497 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $150,000 |
| cumulative roi | $73 | $116 | $83 | $96 | $107 | $117 | $126 | $135 | $143 | $152 | $1,000 |
The Highmark
Address: Pickering, Ontario
Price Range: $505,000 - $969,000
Avail. suites: 54
1—3.5 bd
386—1055 SqFt